1,000,000 Equity Shares of Quality RO Industries Limited are subject to a Lock-Up Agreement Ending on 4-FEB-2023. These Equity Shares will be under lockup for 365 days starting from 4-FEB-2022 to 4-FEB-2023.

Details:
The minimum Promoter's contribution has been brought in to the extent of not less than the specified minimum lot and from persons defined as “promoter” under the SEBI ICDR Regulations. All Equity Shares, which are being locked in are not ineligible for computation of Minimum Promoters Contribution as per Regulation 237 of the SEBI ICDR Regulations and are being locked in for 3 years as per Regulation 236 of the SEBI ICDR Regulations for a period of three years from the date of allotment of Equity Shares in this Issue.

The entire pre-Issue shareholding of the Promoter, other than the Minimum Promoters contribution which is locked in for three years, shall be locked in for a period of one year from the date of allotment in this Issue.